Economics is the study of how we, as a society, manage all the different aspects of the production, distribution and consumption of goods and services. During this GCSE course, you will gain an understanding of how markets and economies work whilst developing vital critical thinking and analytical skills. Each unit will challenge you to understand all the different factors that build national and global economies and the destabilising elements that can bring it all crashing down. The intention is that through the study of economics, students will build an awareness of the economy in which we are all members of, with an ability to appreciate the cause and effects of key economic decisions that affect us all.
The course involves four units delivered over two years, at which point students will complete two exams to determine their final GCSE awarded grade. The unit titles are as follows:
- Introduction to economics
- The role of markets and money
- Economic objectives and the role of government
- International trade and the global economy